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A web-enabled application that synthesizes labor and real estate market intelligence on a powerful, interactive platform that performs analytics and assessment of regional demographics, infrastructure, labor and political and risk factors was selected as the winner of the 12th Annual CoreNet Global – H. Bruce Russell Global Innovator’s Award.

CBRE's Labor Analytics Group received the honor for its Global LaborView application that gives an informed perspective not available in the public domain.

This is the second time CBRE has won a Global Innovator's Award. The first time was in 2007 for its Workforce Longevity Model.

Globalization is changing the landscape for corporate real estate (CRE) executives. Understanding the complexities of its risks and rewards, coupled with ever-mounting challenges of information overload can be overwhelming. Further, in the information age the world is neither round, nor flat; it's virtual and it's fast. The development of Global LaborView (GLV) enables CRE executives to make valuable contributions to addressing one of the biggest enterprise challenges facing us moving forward, successfully navigating and implementing solutions at the intersection where the corporate need for human capital meets real estate. GLV is a web-enabled application that synthesizes labor and real estate market intelligence on a unique, interactive platform.

Leading practitioners from the real estate industry judged the competition and commented on the winning case.

Beatty and Marsh receiving the award from sponsors Stephen Swicegood from Gensler and Greg Schementi of UGL.

Corporate real estate and economic development’s best and brightest converged at Emory University August 9 -10, for CoreNet Global’s 12th annual H. Bruce Russell Global Innovator’s Award (GIA) competition, which brought eight competitors from around the world to present on cutting-edge economic development, technology, project management and development and workplace innovation.

The GIA winner will be announced at the CoreNet Global Summit at Atlanta’s Salute! A Celebration of Recognition program Sunday, Nov. 6, at 8:30 p.m.

“A truly outstanding group of finalists challenged us as judges in our evaluations,” said Trex Morris, Global Real Estate Leader at Ernst & Young. “Finalists presented us with a unique blend of process, technological, collaborative and project management innovation that points to an accelerating curve of progress for corporate real estate and economic developmentprofessionals.”

The state of Pennsylvania's approach to assisting local exporters in business development, with Peter O'Neill, Executive Director of Pennsylvania's Center for Trade Development, presenting.

Greater Dubuque, Iowa, Development Corp. and its AccessDubuqueJobs.com application, with Rick Dickinson, Executive Director and COO of the Greater Dubuque Development Corp., presenting.

New Zealand-based architecture firm Jasmax on the design and implementation of "The Green House," IAG NZ's headquarters in Auckland, presented by Jasmax Director Tim Hooson.

The Greater Waco, Texas, Chamber of Commerce, Perkins + Will and Baylor University on the Baylor Research and Innovation Collaborative in Waco, with Sarah Roberts, Senior Vice President of Economic Development at the Greater Waco Chamber; Jim Kephart, Director of Program Development at Baylor; and Ed Cordes, Principal at Perkins + Will, presenting.

The General Services Administration and Julie Snow Architects Inc.'s Warroad Land Port of Entry in Warroad, Minn., with Dana Pionke, Project Manager with GSA, and Tyson Mcelvain of Julie Snow Architects presenting.

How it works

For purposes specific to the GIA, innovation is defined as an activity or initiative that brings about a paradigm shift in the way business is done in a rapidly globalizing economy. It produces a new concept to practice and makes it a commercial success. It concerns the search for and the discovery, experimentation, development, imitation and adoption of new products, processes and organizational set-ups.

Launched in 2000, the GIA winners have spanned a wide geography, crossed multiple private and public sectors, touched on a diverse range of disciplines and brought an incredible array of precedent-setting case studies. The GIA winner is selected by peers with considerable real estate, workplace, service provider and academic experience.